๐๐ณ ๐๐ผ๐โ๐ฟ๐ฒ ๐๐ผ๐ป๐ฑ๐ฒ๐ฟ๐ถ๐ป๐ด ๐๐ต๐ $ASTER
ASTERUSDT
Perp
0.771
-7.33%
R ๐ฎ๐ป๐ฑ ๐ผ๐๐ต๐ฒ๐ฟ ๐ฎ๐น๐๐ฐ๐ผ๐ถ๐ป๐ ๐ฎ๐ฟ๐ฒ ๐ณ๐ฎ๐น๐น๐ถ๐ป๐ด, ๐ต๐ฒ๐ฟ๐ฒโ๐ ๐๐ต๐ ๐จ
On Dec 15, Chinaโs Xinjiang region shut down about 400,000 Bitcoin mining rigs, causing the global hashrate to drop 8% (100โฏEH/s).
This made miners earn less, and some had to sell crypto. Fear spread fast.
As miners sold, altcoins like $ASTER dropped too.
Prices fell, stop losses triggered, and the market got more volatile.
No big news besides the miner shutdown, just less mining power, selling, and market panic.